Valextra confirms IPO plansFueled and supported by its new owner, the London-based investment firm NEO Capital, Valextra is mapping out the next five to 10 years with the goal of launching an initial public listing, according to WWD.

Pflanz named chief of Rémy CointreauRémy Cointreau named finance director Frédéric Pflanz as its new chief executive, to replace Jean-Marie Laborde, 65, who will retire from the French spirits group in September after streamlining the business and pushing it upmarket, the Financial Times reports.